Renzenbrink & Partner advises FSN Capital VI on the financing on an investment in MEGABAD

31 August 2021

Renzenbrink & Partner has advised FSN Capital VI* on the financing of an investment in MEGABAD, a leading e-commerce retailer of sanitary products and accessories in the DACH region. In addition to FSN Capital VI, the founding family Stiller and investor VR Equitypartner continue to retain significant ownership in MEGABAD.

The acquisition financing has been provided by funds advised by Permira Credit Ltd. and Oldenburgische Landesbank AG.

Established in 1999, FSN Capital is a leading private equity firm in the Northern European region. The investment in MEGABAD is aligned with FSN Capital’s strategic focus to partner with founders and invest in companies with strong industry tailwinds. FSN Capital VI will invest in MEGABAD to support several key growth initiatives led by management and to continue the founder transition. It was the first time that Renzenbrink & Partner acted for FSN Capital VI.

The Renzenbrink & Partner team led by Isabell Hitzer consisted of Philipp Hogrefe and Zacharias Woltering-Schlenker (all Finance) as well as Marc H. Kotyrba and Dr Toufic Schilling (both Tax).

The banking and finance practice of Renzenbrink & Partner advises both private equity investors and companies as well as banks and alternative lenders, on domestic and cross-border acquisitions, as well as on financial restructuring and corporate lending.

*FSN Capital GP VI Limited acting for itself and in the capacity of general partner or portfolio manager (as applicable) of FSN Capital VI L.P., FSN Capital VI Invest L.P. and FSN Capital VI Lux SCSp, respectively.